PDG Environmental Reports Fourth Quarter, Year-End Results

Date: April 17, 2003

Source: News Room

PDG Environmental, Inc. (OTCBB: PDGE) has announced consolidated results for the year and fourth quarter ending January 31, 2003. Revenue for the quarter decreased to $8.60 million, as compared to $13.86 million during the same prior year period. Net profit from continuing operations for the quarter was $131,000, versus a loss from operations of $377,000 in the prior year. Revenue for the current fiscal year decreased to $40.88 million, as compared to $42.59 million during the prior fiscal year. Net income for the current fiscal year was $278,000, or $0.03 per share, versus a loss of $1,601,000 or ($0.17) per share for the comparable period last year.
More information: www.pdge.com.

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